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NCRC Provides Customized Support to Help Alabama Member Expand

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Membership Newsletter July 2012 | NCRC Provides Customized Support to Help Alabama Member Expand NCRC recently had an opportunity to help a new member, Alabama A&M University Community Development Corporation (AAMU CDC). AAMU CDC’s mission is to revitalize low-income neighborhoods surrounding Alabama A&M University, Meadow Hills and Edmonton Heights, with expansion to Huntsville planned. In […]

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Responsible Banking Ordinances

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Background on Local Responsible Banking Ordinances Local responsible banking ordinances are laws designed to ensure responsible loans, investments, and services for modest-income and minority neighborhoods. The ordinances require an evaluation of financial institution performance in serving modest-income and minority neighborhoods as part of the criteria for deciding which institutions receive municipal deposits and other city

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Independent Foreclosure Review

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Background The Federal Reserve Board issued enforcement actions against four large mortgage servicers –GMAC Mortgage, HSBC Finance Corporation, SunTrust Mortgage, and EMC Mortgage Corporation–in April 2011. Under those actions, the four servicers were required to retain independent consultants to review foreclosures that were initiated, pending, or completed during 2009 or 2010. The review is intended to determine

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National Neighbors Silver Partners

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NCRC is proud to support ten of its member organizations in the creation of grassroots organizing movements to build economic security and preserve wealth for vulnerable older adults. Our National Neighbors Silver partners are empowering and supporting older leaders in their communities and participating in advocacy at federal, state and local levels. Causa Justa: Just

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National Neighbors Silver

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The rapid aging of our population demands a national dialogue on what it takes for today’s seniors and future retirees to live with dignity and economic security. NCRC believes that access to quality banking services and adequate housing options is fundamental to aging in place. National Neighbors Silver is a multi-year campaign to empower, organize

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Please Join Us in 2012

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Your Support is Important to Us   When 2011 began, we didn’t know we would embark on one of the most important campaigns in NCRC’s history. And when Capital One filed its application with the Federal Reserve to acquire ING Direct in July, they didn’t know what was about to come their way. We investigated.

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Capital One / HSBC Credit Card Unit Acquisition

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Background on Capital One Acquisition of HSBC Credit Card Unit Join the National Community Reinvestment Coalition and our members and allies across the country in requesting that the Office of the Comptroller of the Currency extend the comment period and hold hearings on the Capital One Financial Corporation’s proposal to acquire HSBC’s credit card unit.

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Capital One / ING Direct Acquisition Fact Sheets

By / / Uncategorized / 2 minutes of reading

Background on Capital One / ING Acquisition The National Community Reinvestment Coalition (NCRC) announced that it will oppose the Capital One acquisition of ING Direct USA, citing serious concerns about the impact of the deal on consumers, communities and the economy. The deal would make Capital One the fifth largest bank in the United States.

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National Neighbors | FHIP Initiatives

By / / Uncategorized / 4 minutes of reading

As part of NCRC’s mission to end discrimination and to increase fair and equal access to credit and capital for underserved communities, NCRC’s National Neighbors program conducts fair housing testing and investigation for government agencies, municipalities and other interested organizations. Fair Housing Organization Initiative Through the Fair Housing Initiative Program under a Fair Housing Organization

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Capital One / ING Direct Acquisition

By / / Uncategorized / 4 minutes of reading

Background on Capital One / ING Acquisition The National Community Reinvestment Coalition (NCRC) announced that it will oppose the Capital One acquisition of ING Direct USA, citing serious concerns about the impact of the deal on consumers, communities and the economy. The deal would make Capital One the fifth largest bank in the United States.

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